WUGI vs. FNGO ETF Comparison

Comparison of Esoterica NextG Economy ETF (WUGI) to MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038 (FNGO)

WUGI

Esoterica NextG Economy ETF

WUGI Description

The investment seeks capital appreciation. The fund is an actively-managed ETF that will invest, under normal circumstances, at least 80% of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology (5G) enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$74.41

Average Daily Volume

2,336

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNGO

MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038

FNGO Description

The investment seeks to approximate the returns that might be available to investors through a leveraged ¿long¿ investment in the NYSE FANG+¿ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.

Grade (RS Rating)

Last Trade

$83.33

Average Daily Volume

20,207

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WUGI	FNGO
30 Days	2.66%	12.61%
60 Days	8.65%	16.24%
90 Days	7.65%	18.98%
12 Months	53.81%	98.51%

6 Overlapping Holdings

Symbol	Grade	Weight in WUGI	Weight in FNGO	Overlap
AMZN	C	8.53%	9.87%	8.53%
AVGO	D	7.02%	10.17%	7.02%
META	D	8.06%	10.02%	8.06%
MSFT	F	4.13%	9.7%	4.13%
NOW	A	1.18%	10.11%	1.18%
NVDA	C	9.87%	9.83%	9.83%

WUGI Overweight 19 Positions Relative to FNGO

Symbol	Grade	Weight
TSM	B	7.72%
SNPS	B	3.81%
MTSI	B	3.28%
ASHR	C	3.17%
KWEB	D	2.91%
BEKE	D	2.3%
SNOW	C	2.27%
NET	B	2.2%
MDB	C	2.0%
HUBS	A	1.65%
GOOG	C	1.63%
ZS	C	1.42%
ORCL	B	1.1%
SE	B	1.09%
AMD	F	0.91%
TTWO	A	0.81%
MU	D	0.75%
DDOG	A	0.53%
GOTU	F	0.35%

WUGI Underweight 4 Positions Relative to FNGO

Symbol	Grade	Weight
CRWD	B	-10.78%
AAPL	C	-9.93%
GOOGL	C	-9.83%
NFLX	A	-9.75%